Reversal of input tax credit - Real estate sector

As you are aware that implementation of Goods and Services Ac,2017(GST) is one of the most important act of this NDA Government. Through implementation of GST the concept "One Tax one Nation" has been fulfilled and the tax system of India has been totally overhauled.

source https://www.caclubindia.com/articles/reversal-of-input-tax-credit-real-estate-sector-46847.asp